Technology Incubation Scheme

The Technology Incubation Scheme (TIS) was a government funding program of the National Research Foundation (NRF) of Singapore. The scheme was started in 2009 and ended on 30 June 2016.

Details of the Program
The TIS program selected funds that matched the following criteria:
 * Funds that can incubate and nurture young start-ups prior to venture capital funding.
 * The program matches investments up-to 85% co-funding of a private incubator (maximum S$500,000).
 * Incubators have the option to buy out NRF's equity of the company. Option is valid for 3 years (post TIS investment).

Incubators accepted into the Program
As of 1 August 2013, there are currently 14 approved funds to work with the Singapore Government as part of the program:
 * The Biofactory
 * Clearbridge Accelerator
 * Get2Volume
 * Golden Gate Ventures
 * Incuvest
 * Jungle Ventures
 * Plug&Play Singapore
 * Red Dot Ventures
 * Small World Group
 * Stream Global
 * Silicon Straits
 * TechCube8
 * TNF Ventures
 * Wavemakers Labs

Funded under Technology Incubation Scheme

 * Rainmaker Labs - Singapore Mobile App Development Company